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the deficit is my -- my question is about the deficit. would you define in specific dollar goals how much you would reduce the deficit in each of the four years of a clinton administration and then enter into a legally binding contract with the american people that if you did not achieve those goals, that you would not seek a second term? answer yes or no and then comment on your answer, please. >> no, and here's why. and i'll tell you exactly why. because the deficit now has been building up for 12 years. i'll tell you exactly what i think can be done. i think we can bring it down by 50 percent in four years and grow the economy. now, i could get rid of it in four years in theory on the books now, but to do it, you'd have to raise taxes too much and cut benefits too much to people who need them. and it would even make the economy worse. mr. perot will tell you, for example, that the expert he hired to analyze his plan said that it will bring the deficit down in five years, but it will make unemployment bad for four more years. >> mr. pre
the deficit is my -- my question is about the deficit. would you define in specific dollar goals how much you would reduce the deficit in each of the four years of a clinton administration and then enter into a legally binding contract with the american people that if you did not achieve those goals, that you would not seek a second term? answer yes or no and then comment on your answer, please. >> no, and here's why. and i'll tell you exactly why. because the deficit now has been...
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Oct 14, 2012
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we have gone from the biggest deficits eight years ago to the biggest surpluses in history today. instead of high unemployment, we now have the lowest african- american unemployment, the lowest latino unemployment ever measured. 22 million new jobs, very low unemployment nationally. instead of ballooning the debt and multiplying it four times over, we have seen the debt actually begun to be paid down. here are some promises that i'll make to you now. i will balance the budget every year. i will pay down the debt every year. i will give middle-class americans tax cuts, meaningful ones. and i will invest in education, health care, protecting the environment and retirement security. we both made promises in this campaign. i promise you i will keep mine. let me tell you about one of the governor's. he has promised a trillion dollars out of the social security trust fund for young working adults to invest and save on their own. but he's promised seniors that their social security benefits will not be cut, and he's promised the same trillion dollars to them. and embrace the highest comm
we have gone from the biggest deficits eight years ago to the biggest surpluses in history today. instead of high unemployment, we now have the lowest african- american unemployment, the lowest latino unemployment ever measured. 22 million new jobs, very low unemployment nationally. instead of ballooning the debt and multiplying it four times over, we have seen the debt actually begun to be paid down. here are some promises that i'll make to you now. i will balance the budget every year. i will...
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Oct 6, 2012
10/12
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how can he guarantee that and cut the deficit in half as he's promised? >> because we will do what they've not done. if you look at what's happened over the last four years, we have gone from a $5 trillion projected surplus when george bush took office to a $3 trillion projected deficit. they promised they were going to put $2 trillion of the surplus aside for social security. not done. not only that, it's the biggest fiscal turnaround in american history. and there's no end in sight. "the washington post" just reported they have several trillion dollars of additional tax cuts in spending. no suggestion of what they're going to do about it. john kerry and i believe we have a moral responsibility not to leave trillions of dollars of debt to our children and our grandchildren. so, here's what we're going to do, to answer your question, to pay for the things that we believe need to be done. we talk about healthcare and education because we have plans on both those things. what we're going to do is roll back tax cuts -- and i want everyone to hear this becaus
how can he guarantee that and cut the deficit in half as he's promised? >> because we will do what they've not done. if you look at what's happened over the last four years, we have gone from a $5 trillion projected surplus when george bush took office to a $3 trillion projected deficit. they promised they were going to put $2 trillion of the surplus aside for social security. not done. not only that, it's the biggest fiscal turnaround in american history. and there's no end in sight....
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Oct 13, 2012
10/12
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and now we have half-a-trillion-dollar deficit annually. when george bush came into office, our debt, national debt was around $5 trillion. it's now over $10 trillion. we've almost doubled it. and so while it's true that nobody's completely innocent here, we have had over the last eight years the biggest increases in deficit spending and national debt in our history. and senator mccain voted for four out of five of those george bush budgets. so here's what i would do. i'm going to spend some money on the key issues that we've got to work on. you know, you may have seen your health care premiums go up. we've got to reform health care to help you and your budget. we are going to have to deal with energy because we can't keep on borrowing from the chinese and sending money to saudi arabia. we are mortgaging our children's future. we've got to have a different energy plan. we've got to invest in college affordability. so we're going to have to make some investments, but we've also got to make spending cuts. and what i've proposed, you'll hear s
and now we have half-a-trillion-dollar deficit annually. when george bush came into office, our debt, national debt was around $5 trillion. it's now over $10 trillion. we've almost doubled it. and so while it's true that nobody's completely innocent here, we have had over the last eight years the biggest increases in deficit spending and national debt in our history. and senator mccain voted for four out of five of those george bush budgets. so here's what i would do. i'm going to spend some...
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Oct 10, 2012
10/12
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CNBC
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midterm elections concerned raising taxes on the rich as a way to reduce the nation's record budget deficit. but for president reagan's former budget director david stockman, raising taxes on the rich isn't nearly enough to cure what ails the u.s. economy. in october 2010, stockman told lesley stahl that all tax cuts implemented by president george w. bush should be eliminated, even those on the middle class, and that his own republican party has gone too far with its anti-tax religion. >> tax cutting is a religion. what do you mean by that? >> well, it's become, in the sense, an absolute-- something that can't be questioned, something that's gospel, something that's sort of embedded in the catechism. and so scratch the average republican today, and he'll say, "tax cuts, tax cuts, tax cuts." >> cut taxes. >> cutting taxes. >> make the tax cuts permanent. >> it's rank demagoguery. we should call it for what it is. if these people were all put into a room on penalty of death to come up with how much they could cut, they couldn't come up with $50 billion when the problem is $1.3 trillion. so t
midterm elections concerned raising taxes on the rich as a way to reduce the nation's record budget deficit. but for president reagan's former budget director david stockman, raising taxes on the rich isn't nearly enough to cure what ails the u.s. economy. in october 2010, stockman told lesley stahl that all tax cuts implemented by president george w. bush should be eliminated, even those on the middle class, and that his own republican party has gone too far with its anti-tax religion....
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Oct 9, 2012
10/12
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> throughout our battleground virginia special, we will take a groups offerent voters. >> we are breaking down voters by age, gender, and ethnicity. >> are political team includes cooper.uman and rebecca >> we have been inside both headquarters and the races this close. nodar kumaritashvili is taken for granted. they analyze every demographic no voter is taken for granted. whether it is making a pit stop or knocking back a:at a local watering hole, but tap into a very specific block of voters. >> it is still the second most important vote in america. >> second only to white females. is going tonow what sway me one way or another. mostly i am a democrat, but i made up my mind yet. successfult obama is young, women, hispanic, and black voters. 60%omney needs to get about of the white vote. possible? >> it is very possible. >> he says that is why romney almost to speak about days except the economy. >> many m
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> throughout our battleground virginia special, we will take a groups offerent voters. >> we are breaking down voters by age, gender, and ethnicity. >> are political team includes cooper.uman and rebecca >> we have been inside both headquarters and the races this close. nodar kumaritashvili is...
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Oct 8, 2012
10/12
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> attorney for -- attorneys for jerry sandusky met with the judge today. two hearings are planned for tomorrow. the first is to determine if he is of violent sexual predator and the second is to determine his sentencing. he faces life in prison. we will be live with his sentencing on abc7 news at 5:00. the man long suspected in the death of natalie holloway, a dutch newspaper reports that he has impregnated a woman despite being in prison in peru. he told the newspaper the pregnancy came after an unsupervised visit with the woman. >> 3 people behind bars after chaos broke out in a hotel in downtown philadelphia. we will show you some video. a brawl broke out between two separate wedding parties. and man, apparently the uncle of one of the bride's, had a heart attack a dot -- hard attack and died. >> there was 75 to 100 people. they started shoving each other. >> that video is the main piece of evidence in
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> attorney for -- attorneys for jerry sandusky met with the judge today. two hearings are planned for tomorrow. the first is to determine if he is of violent sexual predator and the second is to determine his sentencing. he faces life in prison. we will be live with his sentencing on abc7 news at 5:00. the man...
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Oct 12, 2012
10/12
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message.
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message.
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Oct 9, 2012
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because according to experts, he'd have to raise taxes on the middle class - or increase e the deficit to pay for it. if we can't trust him here... how could we ever trust him here? let me tell you how i will create 12 million jobs when president obama couldn't. first my energy independence policy means more than three million new jobs. many of them in manufacturing. my tax reform plan to lower tes for the middle class and for small business creates seven million more. and expanding trade, cracking down on china and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. pamela howze: it just seems like such an... infringement on our lives. how dare they step into my life that way. it's none of their business. he's trying to restrict us again. he's taking us backwards. george allen is the last thing we need in washington. anncr: the democratic senatorial campaign committee is... responsible for the content of this advertising.
because according to experts, he'd have to raise taxes on the middle class - or increase e the deficit to pay for it. if we can't trust him here... how could we ever trust him here? let me tell you how i will create 12 million jobs when president obama couldn't. first my energy independence policy means more than three million new jobs. many of them in manufacturing. my tax reform plan to lower tes for the middle class and for small business creates seven million more. and expanding trade,...
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Oct 14, 2012
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents ofof every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. x a little bit of rain tomorrow. grab your umbrella. at one point in the day i guarantee you will need. 72 degrees for high, then a cold front arrives. tuesday, lower to middle 60's and then towards back up into the lower 70's on thursday. at the end of the day. that's why walgreens is introducing balance rewards. it's an easy way to save and get more of what you love walgreens for. earn points for prescriptions and everyday items and redeem them right at checkout whenever something catches your eye. sign up in-store or online; it's instant points and endless rewards. at the corner of happy and healthy. [ female announcer ] some prescriptions are not eligible t
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents ofof every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. x a little bit of rain tomorrow. grab your umbrella. at one point in the day i guarantee you will need. 72...
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Oct 12, 2012
10/12
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. [ mamale announcer ] we the people, the middle class who move our country forward, work hard raise families, and keep america strong. but mitt romney's budget plan will hurt the middle class, raising taxes on the average family by up to $2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >> i could pretty much guarantee you will never see a scene like this again. a picture that will never be repeated. a space shuttle rolling through an urban setting. this is kind of a tight the deal. but
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. [ mamale announcer ] we the people, the middle class who move our country forward, work hard raise families, and...
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Oct 8, 2012
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
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Oct 12, 2012
10/12
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message.
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message.
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Oct 6, 2012
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because according to experts, he'd have to raise taxes on the middle class - or increasthe deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ >>> i was wondering what dogs song we were going to pick for this story. loyalty is one of the reasons we love dogs. what this dog, whose named zander, tried to do was truly extraordinary. when zander's owner went to the hospital, he tracked him down. i was playing with zander. turns out, white shedding dogs and black suits, don't go so well. >> everybody in the studio is falling in love with zander this morning. good morning, america. i'm bianna golodryga, along with dan harris on this saturday, october 6th. >>> also this morning, the iconic game show, "the price is right," is doing something it's never done before. the show has been a favorite for decades. known as much for the models as the amazing prizes. you may be amazed seeing the newest face. >> i loved being sick on sick days watching "the price is right." >>> we're going to start with a teacher/student sex scandal, one that allegedly goes all the
because according to experts, he'd have to raise taxes on the middle class - or increasthe deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ >>> i was wondering what dogs song we were going to pick for this story. loyalty is one of the reasons we love dogs. what this dog, whose named zander, tried to do was truly extraordinary. when zander's owner went to the hospital, he tracked him down. i was playing with zander. turns out, white shedding...
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Oct 8, 2012
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ >>> in times square, and what a happy crowd we have for columbus day. and what we have inside is something really special. ben affleck is inside. one of the busiest stars in hollywood. a brand-new movie called "argo." good morning, america. as you know, robin recovering from her bone marrow drans plant. great to have amy here. we learned so mu about you. >> oh, yeah. >> emeril and his daughter are whipping up delicious recipes that we can't wait to try. and we have a very special guest dangering over times square, rob lowe will be here tomorrow. looking forward to seeing him tomorrow. >>> you know, it's freezing out here. >> well, look, everybody -- >> yea! >> let's get to the boards. we've got one or two things going on, one or two that we thought we'd share with you. let's start with please pictures. albuquerque, the albuquerque international balloon festival. 500 balloons. thank you for sending that
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ >>> in times square, and what a happy crowd we have for columbus day. and what we have inside is something really special. ben affleck is inside. one of the busiest stars in hollywood. a brand-new movie called "argo." good morning, america. as you know, robin recovering from her bone marrow...
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Oct 13, 2012
10/12
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KGO
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like whether tax rates can be lowered without adding to the deficit. >> not mathematically possible. >> it is mathematically possible. it's been done before. it's precisely what we're proposing. >> it has never been done before. >> it's been done a couple of times, actually. >> it has never been done before. >> jack kennedy lowered tax rates, increased growth. ronald reagan -- >> oh, now you're jack kennedy? >> reporter: biden went right at ryan over mitt romney's controversial comments calling 47% of americans who don't pay income taxes irresponsible. >> the idea, if you heard that, that little soliloquy on 47%, you think he just made a mistake, then i got a bridge to sell you. >> i think the vice president very well knows sometimes the words don't come out of your mouth the right way. >> but i always say what i mean. >> reporter: when biden wasn't talking, he seemed oddly amused. by our count -- smiling or breaking out in laughter 92 separate times. expressive, often interrupting and occasionally personal. >> this is a bunch of stuff. look, here's the deal. >> what does that mean,
like whether tax rates can be lowered without adding to the deficit. >> not mathematically possible. >> it is mathematically possible. it's been done before. it's precisely what we're proposing. >> it has never been done before. >> it's been done a couple of times, actually. >> it has never been done before. >> jack kennedy lowered tax rates, increased growth. ronald reagan -- >> oh, now you're jack kennedy? >> reporter: biden went right at ryan...
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Oct 10, 2012
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president obama and his team who have lied to the american people about their willingness to cut the deficit, their reality of obama-care, fast and furious, and now the trutut tct tt tatof t tri at iensyha killed four americans. they have been repeatedly lie together american people for years. i find it ironic now they are leveling that attack against gornor romney and paul ryan. uouf gy odhasicroio it's straight out of the saul alinsky playbook. the american people are focused on the facts. what romney and ryan have in eirenheac coac a governor romney in the debate because he has the facts about the economy. alisyn: kirsten, is that how you interpret it? >> it's interesting to juxtapose atpe i libya where there were some untruths told if you want to be subtle about it. when you have the administration being dishonest about the way they handled aer very seous iue finur ar ain pef lying because of things that i think are probably differences of opinion, it's pretty startling. i think it's desperate. this liar liar strategy iser e te fly considering obama really just was pretty much decimated
president obama and his team who have lied to the american people about their willingness to cut the deficit, their reality of obama-care, fast and furious, and now the trutut tct tt tatof t tri at iensyha killed four americans. they have been repeatedly lie together american people for years. i find it ironic now they are leveling that attack against gornor romney and paul ryan. uouf gy odhasicroio it's straight out of the saul alinsky playbook. the american people are focused on the facts....
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Oct 8, 2012
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit pay for it. if we can't trust him here... how could we ever trust him here? megyn: a fox news alert. new fallout after governor mitt romney criticizes the president in a major foreign policy speech today. delivering a tough speech on america's role on the global stage. i'm megyn kelly. even before this speech today at thev military institute the obama campaign had been hammering governor romney as an unqualified mess on foreign policy. but from the minute he took the stage he attempted to tackle a variety of issues and made clear his vision on the global foreign policy. >> our embassies why been attacked, our flag have been burned. these mobs hoisted the black banner of islamic extremism over the embassies on 9/11. as the dust settles and the murdered are buried americans have asked how this happened, how the threats we face have grown worse and what this calls america to do. these are the right questions and i have come here today to offer a perspective on these recent tragic events
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit pay for it. if we can't trust him here... how could we ever trust him here? megyn: a fox news alert. new fallout after governor mitt romney criticizes the president in a major foreign policy speech today. delivering a tough speech on america's role on the global stage. i'm megyn kelly. even before this speech today at thev military institute the obama campaign had been hammering governor romney...
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president obama and his team who have lied to the american people about their willingness to cut the deficit, their reality of obama-care, fast and furious, and now the truth about the actual threat and the nature of the terrorist attack in been gatsy that killed four americans. they have been repeatedly lie together american people for years. i find it ironic now they are leveling that attack against governor romney and paul ryan. this is classic projections. accusing your oh poanltd of what you yourself have guilty of. it's straight out of the saul alinsky playbook. the american people are focused on the facts. what romney and ryan have in their arsenal are the facts. that's why president obama could not come back again governor romney in the debate because he has the facts about the economy. alisyn: kirsten, is that how you interpret it? >> it's interesting to juxtapose this conversation against what's going on in this hearing with what happened in libya where there were some untruths told if you want to be subtle about it. when you have the administration being dishonest about the way th
president obama and his team who have lied to the american people about their willingness to cut the deficit, their reality of obama-care, fast and furious, and now the truth about the actual threat and the nature of the terrorist attack in been gatsy that killed four americans. they have been repeatedly lie together american people for years. i find it ironic now they are leveling that attack against governor romney and paul ryan. this is classic projections. accusing your oh poanltd of what...
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Oct 13, 2012
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i'm going to cut the deficit in half. you remember that? guess what? the deficit we just found out is another trillion dollars this year. we've a 50% increase in our debt. do you think it's working? when he pushed through that stimulus package in the united states congress, he said, if you only put a trillion dollars of hard earned taxpayer money into the government, we'll create so many jobs that we'll have the unemployment rate 50% lower today than it actually is. you think it's working? >> no! >> he said pass my health care bill. he jammed it through congress without a single republican vote. he said we need to do this 'cause we can reduce the cost of premiums by $2,500. guess what? we found just found out from the people who look at this, congressional budget office, it's $2,500 increase in our premiums thanks to obamacare. do you think it's working? >> no. >> no, it's not working. but the good news is for ohio and for our country, we have a leader who has the experience. he's got the record. he has the character and he has the policies to turn thi
i'm going to cut the deficit in half. you remember that? guess what? the deficit we just found out is another trillion dollars this year. we've a 50% increase in our debt. do you think it's working? when he pushed through that stimulus package in the united states congress, he said, if you only put a trillion dollars of hard earned taxpayer money into the government, we'll create so many jobs that we'll have the unemployment rate 50% lower today than it actually is. you think it's working?...
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Oct 14, 2012
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which is where is the economy going, where are we with jobs, and what's happening next on the debt and deficit issue. >> we got mixed signals from the obama campaign that the president intends to be more aggressive this time around. we know it's a town hall format where the candidate will be taking questions from undecided voters but also with a moderator in place. how well does that play in an audience and with real live average citizen voters? i mean, there has to be a balance in the tone, i would imagine, for how aggressive you can be in that kind of setting. >> yeah. i think both the town hall format creates limits to how tough one can be with the other, but i also think that, you know, obama's running a very fine edge here. i think joe can, quote, be joe, whatever that means in the vice-presidential debate. i thought he was obnoxious. i thought he was caustic. i thought he was abrasive, but he can get away with it in a way that obama can't. i think that if there's anything that people liked or believed in back in '08 with obama, it was that he was sort of fair-minded, and so i think that
which is where is the economy going, where are we with jobs, and what's happening next on the debt and deficit issue. >> we got mixed signals from the obama campaign that the president intends to be more aggressive this time around. we know it's a town hall format where the candidate will be taking questions from undecided voters but also with a moderator in place. how well does that play in an audience and with real live average citizen voters? i mean, there has to be a balance in the...
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look what you said about cutting the deficit in half. >>gregg: thank you, gentleman, our campaign insiders every monday at 10 a.m., thank you, gentleman. >>heather: and october is anti-bullying month. and kids are spreading their message of hope. ♪ kids do things that are not very smart ♪ >> we will meet a special group of young performers when we come back. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic
look what you said about cutting the deficit in half. >>gregg: thank you, gentleman, our campaign insiders every monday at 10 a.m., thank you, gentleman. >>heather: and october is anti-bullying month. and kids are spreading their message of hope. ♪ kids do things that are not very smart ♪ >> we will meet a special group of young performers when we come back. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support,...
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Oct 7, 2012
10/12
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FOXNEWS
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talked about a plan that governor romney has that would in their estimation, lead to a $5 trillion deficit, they are citing outside besides for that number. and romney says it will be compensated for by loopholes. how he will justify the cuts? where will those revenue sources be made up? >> even stephanie cutter admitted it is not a $5 trillion tax cut. we have a 20% tax cut across the board, no matter what income level you fall into. but for those people at the higher levels of income, what governor rom no is proposing is closing loopholes and dedux for those individuals that will ultimately make the entire budget revenue neutral. >> shannon: when will we find out what they are? >> when a budget is put together, when the budget committee puts forward a budget, they don't put forward a budget with every loophole and deduction and every single -- they have a couple of numbers, they say here's the top number, here's the bottom number. you go to the ways & means committee and i sit down with a burch of people and i figure out how to get a tax cut across the board and close the loopholes so th
talked about a plan that governor romney has that would in their estimation, lead to a $5 trillion deficit, they are citing outside besides for that number. and romney says it will be compensated for by loopholes. how he will justify the cuts? where will those revenue sources be made up? >> even stephanie cutter admitted it is not a $5 trillion tax cut. we have a 20% tax cut across the board, no matter what income level you fall into. but for those people at the higher levels of income,...
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Oct 12, 2012
10/12
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FOXNEWS
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successful small businesses doubled their income taxes last year we would still have a $300 billion deficit. you see there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. jamie: stuart varney, anchor of "varney & company" on the fox business network here to tell us what he thinks about that. hi, stu, good morning. >> well look, the central quote on the economic side of the debate which policy will grow the economy and cut the deficit. paul ryan was very clear. you cut tax rates, that gives you growth. listen to this exchange. >> cut tax rates by 20% and still preserve these important preferences for middle class taxpayers. >> not mattally possible. >> it is mathematically possible. it has been done before. >> it has never been done before. >> it has been done couple times actually. lower tax rates increase growth. lower tax rates. >> now you're jack kennedy. >> well that was interrupt
successful small businesses doubled their income taxes last year we would still have a $300 billion deficit. you see there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. jamie: stuart varney, anchor of "varney & company" on the fox business network here to tell us what he...
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Oct 8, 2012
10/12
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FOXNEWS
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> aouncer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who used tom's personal fo to buy new teeth and a new car, and stuck tom with the $57,000 bill. [tires squeal] now meet carl who works from the coffee shop and uses the free wi-fi. marie works from there too. she's an identity thief who used a small device to grab his wi-fi signal, then stole enough personal information to hijack and drain his bank accounts. every yemillions of americans learn all it may take to devastate your life is a little personal information in the wrong hands. this is identity theft and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protection, period. ordinary credit monitoring services may take 30 days to alert you. lifelock's 24/7 proact
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> aouncer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who used tom's personal fo to buy new teeth and a new car, and stuck tom with the $57,000 bill. [tires...
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Oct 11, 2012
10/12
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MSNBC
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he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when republicans have put obstacles up to getting the bills passed. >> why didn't the president fully embrace simpson-bowles when he had the opportunity? he patteded them on the back and said thank you. >> he took much of what was in simpson bowls and create ten-year $4 trillion reduction plan much of what you saw in simpson-bowles -- >> he missed the moment. there was a moment when something might have been accomplished. >> remember, he said, i'm going to take the idea of reducing the deficit by $4 trillion and show you what i would do and he presented that and he ga
he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when...
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Oct 9, 2012
10/12
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MSNBC
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of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my suggestion intended to break this deadlock, this gridlock we've had on getting a budget deal for the last year and a half, let's get off this thing that the first thing we do is say we're going to lower the top rate. in the presidential campaign, the president's campaigning on letting the rate on the highest income people go back to where it was in the clinton years, that makes sense. now some republicans are saying yeah, we may have to do that. that's the way to get a deal done. instead of the kind of gridlock we've had so far. >> now, one of the other issues is the fiscal cliff and the gang of eight
of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my...
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Oct 14, 2012
10/12
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CSPAN2
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our annual deficit under a trillion so if you want to cut -- that's 147,000 cuts and we can't do it at once. that discourages me and part of the problem in washington, we can't cut pennies, much less the billions that have to be cut. >> you have a new book. >> called government bullies and we look at different ways people are being imprisoned in america for regulatory crime. we're not talking about murder, rape, stealing. we're talking about people who put dirt on their own property. these are wetland violations. some of these came out of the first george bush, unfortunately, and we think that you shouldn't be putting people in jail for regulatory crime. in the old days, when you put people in jail there was a difference between criminal law and tort law in criminal law you were supposed to have what was called mens rea or intent. you intended to kill somebody. if you accidentally hit someone on your bicycle, that wasn't murder. there's a man in jail from southern mississippi for ten years, without parole, for putting clean fill dirt on a low area of his land. sometimes it's removing d
our annual deficit under a trillion so if you want to cut -- that's 147,000 cuts and we can't do it at once. that discourages me and part of the problem in washington, we can't cut pennies, much less the billions that have to be cut. >> you have a new book. >> called government bullies and we look at different ways people are being imprisoned in america for regulatory crime. we're not talking about murder, rape, stealing. we're talking about people who put dirt on their own...
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Oct 9, 2012
10/12
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KPIX
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. >> in division history only four teams have come back from a 2-0 deficit. >> let's make it five and six. >> which team do you think can do it? >> i'm a big guy. love the a's. both these teams can come up off the mat. the a's have a better shot because they're big hitters. >> they have big power. i want to thank everybody to walked in the alzheimer's walk. we raised $850,000. and you can still contribute as we continue our search to find a cure for alzheimer's. >> good work you do. >> thank you everybody who participated. that's awesome. you've been so dedicated to that cause. >> it's a good cause. >> and maybe
. >> in division history only four teams have come back from a 2-0 deficit. >> let's make it five and six. >> which team do you think can do it? >> i'm a big guy. love the a's. both these teams can come up off the mat. the a's have a better shot because they're big hitters. >> they have big power. i want to thank everybody to walked in the alzheimer's walk. we raised $850,000. and you can still contribute as we continue our search to find a cure for alzheimer's....
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Oct 11, 2012
10/12
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KPIX
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so hopefully he'll have enough time to explain it and explain how they're not going to explode the deficits and put a big new burden on the middle class. >> we see a number of battleground stake polls out this morning including those by cbs news and "the new york times" that show a tightening of the contest in several of these states. can joe biden tonight stop the slide in the polls for president obama? >> well, nora, i don't think there's a slide in the polls. i think there was a bump after the debate. i think it was mostly last weekend. as you know, these polls that you conducted don't measure the days since the debate, they measure what happened from before the debate to after. so i don't think there's big momentum. there's no doubt that governor romney collected a couple of points, mostly of republican leaning independents as a result of the last debate. what i think the vice president can do is really drive home the fact that one candidate, the president, has a vision that has squarely in it the interest of the middle class and the notion that you build the economy through the middle
so hopefully he'll have enough time to explain it and explain how they're not going to explode the deficits and put a big new burden on the middle class. >> we see a number of battleground stake polls out this morning including those by cbs news and "the new york times" that show a tightening of the contest in several of these states. can joe biden tonight stop the slide in the polls for president obama? >> well, nora, i don't think there's a slide in the polls. i think...
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Oct 10, 2012
10/12
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CNN
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money needs an ally. how do you get from here... let's say you want to get ahead in your career. to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. in fact, by thinking about where you want your education to lead, while you're still in school, you might find the best route leads somewhere you weren't even looking. let's get to work. >>> i'm frederica wit field in for suzanne malveaux. we're focussing on mitt romney's changing stance on abortion. plus, the wives are more popular than their husbands. could they help sway voters? we're tal
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your...
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Oct 10, 2012
10/12
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CNN
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right now he's talking about what voters care about, which is jobs, the economy, rising deficits. >> i understand. hang on. hang on. hang on. ron, we're not going to do talking points here. i'm asking you a very simple question. >> i'm not doing talking points. >> i didn't ask you about the economy. we can get to that. what did he mean in his statement that seems to be contradictory statements? >> i just told you what he meant. he said that his agenda is not going to be focused on abortion. it's going to be -- he did not say it was going to be focused on other issues, but obviously it's going to be. that's why he talked about the economy, what voters care about in these 27 days. >> romney was criticized for changing views on key issues and former president clinton had something to say about it. take a listen. >> i had a different reaction to that first debate than a lot of people did. i thought, wow! here is old moderate mitt. where have you been, boy? i missed you all these last few years. just show up with a sunny face and say, i didn't say all that stuff i said the last two years.
right now he's talking about what voters care about, which is jobs, the economy, rising deficits. >> i understand. hang on. hang on. hang on. ron, we're not going to do talking points here. i'm asking you a very simple question. >> i'm not doing talking points. >> i didn't ask you about the economy. we can get to that. what did he mean in his statement that seems to be contradictory statements? >> i just told you what he meant. he said that his agenda is not going to be...
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Oct 11, 2012
10/12
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CNN
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you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i mean, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic pilot for 40%. that means middle income families will suffer. >> but why would -- >> it is a spin proven problem. the deficit is the symptom. spending is the disease. you have to take care of the spending side and once again, brooke, if you look at irs data, you will see that revenues actually increased when we brought down rates because we had more economic activity. >> but congressman, why would -- >> -- to your proposition. >> why would the trickle down theory work this time producing record debt two times before? >> because we
you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i mean, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on...
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Oct 12, 2012
10/12
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CNN
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is deny those so that more of their
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...
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so it creates a type of deficit disorder. so reading something, you're looking, clicking through, moving on, having five screens open at once. and finally, it is replacing real-life relationships and real-life communication skills. it reduces social intelligence and emotional intelligence, because you're just busy taking in information. >> but won't we adjust? i mean, humans adjust, as time progresses you will adjust to it. >> you will adjust to having more faulty real-life relationships, yes. >> i noticed people used to go to a coffee shop, or a bar, to hang out with people. now, people are chatting on line. is this a real thing? or are we just caught up in this addict society? or an addict nation? because everybody is addicted to something. >> you know it is a new substance to become addicted to. but people who are unable to self-regulate, and experience the withdrawals, it is a very real thing, don. >> so are there people who specialize in the behavior? >> anybody who experiences it can be treated, but look at your own fam
so it creates a type of deficit disorder. so reading something, you're looking, clicking through, moving on, having five screens open at once. and finally, it is replacing real-life relationships and real-life communication skills. it reduces social intelligence and emotional intelligence, because you're just busy taking in information. >> but won't we adjust? i mean, humans adjust, as time progresses you will adjust to it. >> you will adjust to having more faulty real-life...
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reporter: romney has a new ad out arguing that the president's job creation efforts have only added to the deficit. >> couple of nights ago, we had a debate. you may have gotten the chance to see that. >> reporter: before the new jobs numbers, romney had been riding a wave of momentum after this week's debate. he even got a pass from the president, who never mentioned romney's comments on the 47% of americans who don't pay federal income taxes. >> 47% of the people who will vote for the president no matter what. >> reporter: with an obama campaign ad still repeating those remarks, romney tried to put an end to the controversy once and for all on fox. >> clearly in a campaign with hundreds, if not thousands of speeches and question and answer sessions, now and then you are going to say something that doesn't come out right. in this case, i said something that's just completely wrong. >> reporter: democrats maintain that tone deafness extends from main street to sesame street. so obama aides sent a protester in a big bird outfit to romney's event in virginia to mock his call to end funding for pbs.
reporter: romney has a new ad out arguing that the president's job creation efforts have only added to the deficit. >> couple of nights ago, we had a debate. you may have gotten the chance to see that. >> reporter: before the new jobs numbers, romney had been riding a wave of momentum after this week's debate. he even got a pass from the president, who never mentioned romney's comments on the 47% of americans who don't pay federal income taxes. >> 47% of the people who will...
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you write today in the "washington post" that president obama may be the deficit for him was he's out of practice. what do you mean? >> well, look, people have come up with all kinds of explanations, and i particularly like al gore's notion that the altitude was too high for the president. in this case you see almost all incumbent presidents have a difficult time. they spent four years in the white house being cloistered around not challenged bir their aides, by lawmakers or anybody else or the press trying to ask questions. in obama's case that's been difficult because he set all kinds of modern records for avoiding the press, avoiding news conferences and chances to mix it up with the press. when you're not being kept on your toes, getting skeptical, even hostile questions regularly, you get out of practice and those muscles aatrophy. that may have contributed to what he was so flat and sweel see if he can get back into the game of being challenged. >> the flipside to that, romney seizes what he thinks is a great opportunity, the economy. it was like he was in the boardroom, but now
you write today in the "washington post" that president obama may be the deficit for him was he's out of practice. what do you mean? >> well, look, people have come up with all kinds of explanations, and i particularly like al gore's notion that the altitude was too high for the president. in this case you see almost all incumbent presidents have a difficult time. they spent four years in the white house being cloistered around not challenged bir their aides, by lawmakers or...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. zoirchgs a space rocket blasted off from cape canaveral last night launching the fist private flight from the international space station. >> liftoff of the space x falcon 9 rocket. launching dragon to the international space station and returning cargo -- >> the unmanned capsule called dragon is on its way to the space station after separating from its rocket. it's carrying 1 240us pounds of cargo. the company has been contracted by nasa to fly a dozen flights to resupply the space station. >>> fearless felix, he is also known as felix baumgartner, and he has gotten to be pretty fearless. he actually is going to jump out of a balloon. this is 23 miles above the earth. this is exactly what he plans to do. the idea is to set a world record for a freefall. he has already tried it from a
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. zoirchgs a space rocket blasted off from cape canaveral last night launching the fist private flight from the international space station. >> liftoff of the space x falcon 9 rocket....